Investing Recommendations
(Disclosure: Some of the links below may be affiliate links)
If you want your money to work, you should consider investing. However, you may need a few things before you can invest.
The Best Foreign Broker
You must choose a broker if you want to invest in shares or Exchange Traded Funds (ETFs). There are many brokers available. It is essential to make a good choice regarding the broker. You have two choices: either you go with the best foreign broker or with the best Swiss broker.
You should use a foreign broker to minimize fees and access the best ETFs. You will save a lot on fees.
The broker you need to buy stocks and ETFs reliably and at extremely affordable prices. Trade U.S. stocks for as little as 0.5 USD!
- Extremely affordable
- Wide range of investing instruments
Interactive Brokers is the broker I am using. IB is a well-known broker from the United States, and they have an excellent reputation. Moreover, they have very cheap fees and have an incredible offer of products to invest in. If you are interested, I wrote a post about how to open an Interactive Brokers account.
The Best Swiss Broker
Foreign brokers are cheaper, but many people prefer Swiss brokers.
Start investing with a Swiss broker at incredible fees! Start trading with Saxo Bank and get 200 CHF in trading credits.
- Low currency conversion fee
- Swiss broker
Currently, Saxo Bank is the best Swiss broker for most investors. In the last few years, they have improved their prices considerably and are really affordable as far as Swiss brokers go. Indeed, they have no more custody fees and have reduced their transaction fees and currency conversion fees. They are also available on multiple platforms and devices.
Furthermore, they have been here for a while and are well-established. This broker is regulated by FINMA and established in Switzerland since 2008. You can read my review of Saxo Bank for more information.
Robo-advisor
If you do not want to invest yourself or are not ready to do so, you can consider Robo-advisors.
An excellent and innovative Robo-advisor by Finpension.
- Most tax-efficient Robo-advisor
- Access to private markets
Finpension Invest is a very efficient Robo-advisor, with excellent fees and a high level of customization. Finpension is an experienced company, already providing the best third pillar. With Finpension Invest, they propose an excellent Robo-advisor with some unique features. To learn more, read my Finpension Invest Review.
Findependent is a very affordable Robo-advisor with a focus on sustainable investments. Invest your money easily! Get 20CHF in your account with code PoorSwiss.
- Excellent fees
Findependent is a nice Robo-advisor in Switzerland. It has been here for a few years and is very affordable. And the fees can go do down even more if you have large balances. You can invest automatically with this service. If you want to learn more, you can read our review of Findependent.
TrueWealth is an excellent Swiss robo-advisor with very affordable prices, making it a great robo-advisor for serious investors.
Use code SWISS100 to receive up to 100 CHF in fee credits.
- Very customizable
True Wealth is among the most affordable Robo-advisors available in Switzerland. You can invest very aggressively in the stock market with great control. You can read my review of True Wealth for more information. However, they have large minimums and require some prior knowledge. So, if you are a total beginner or want to start with lower amounts, you may want to check out another one.
If you are not ready to invest alone, investing with Robo-advisors is a good idea.
The Best Third Pillar
Having a good third pillar in Switzerland is essential. You will keep your third pillar for a long time, making it the perfect account to be invested in. Many third pillars are quite expensive, so, you have to be careful.
Finpension 3a is the best third pillar in Switzerland.
Use the FEYKV5 code to get a fee credit of 25 CHF!
- Invest 99% in stocks
I recommend Finpension 3a as the best third pillar for long-term investing. They have the best prices in Switzerland and allow you to invest up to 99% in stocks. If you want to multiply your returns on your third pillar, this is the best choice.
The best platform to start investing in crypto
If you aim to invest in cryptocurrencies, you will need access to the crypto exchanges. For that, you require a cryptocurrency platform. The most important factor (before fees) for cryptocurrencies, is security.
SwissBorg is a Swiss cryptocurrency platform to buy and sell cryptocurrencies. It offers all the features you need to start investing in crypto.
Use code thepoorswiss up to 7 CHF in BTC (or gamble it for up to 50 CHF)!
- Transparent pricing
Swissborg is an excellent cryptocurrency platform, from Switzerland. It is not always the cheapest platform available, but it offers great value for money. Additionally, they offer many features and a high level of security. We are currently using this platform to invest a percentage of the spare cash of our company.
Vested Benefits Accounts
Finpension Vested Benefits is the best account in Switzerland.
Use the FEYKV5 code to get 25 CHF in your account!
- Invest 99% in stocks
In some cases in Switzerland, you can transfer your retirement assets to a vested benefits account. If you are in that case, you want to use the best vested benefits account available to you. Currently, the best account is offered by Finpension Vested Benefits. You can have a large allocation to stocks and invest at very low fees!
Stock market Investing
As for investing, I believe that everyone should do his research and decide on what suits him the most. I invest only in low-cost index funds. I think this is the best option for my long-term investment profile.
Now, if you are interested in investing, I wrote a long series of posts about various subjects of investing: All about investing. If you go through the entire set of posts, you should have a much better idea of what you want to invest in.
If you want, I also wrote a post about designing your entire portfolio from scratch. Once you have decided on your portfolio or chosen an existing portfolio, you will be ready to invest some money!
For reference, you can also check out my portfolio. Do not follow it blindly! It is just an example of a portfolio.
Books
If you are serious about investing, you will probably want to read some books about it. You can learn a lot about investing by reading books. I have read many books about investing, personal finance, and even minimalism. And I still plan to read even more books in the future. You can find all my reviews on my Book Recommendations page.
More Recommendations
If you want more recommendations, I have a list of the services I am recommending.
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